Middle East conflict: Rystad sees massive repair costs for damaged energy facilities
Rystad sees total spending likely to average around USD 46 billion, with downstream refining and petrochemical assets accounting for the largest share...
Tag : oil
Chevron, Exxon expect windfall due to higher crude prices
Chevron is now expecting a USD 1.6 billion boost to USD 2.2 billion to its first-quarter upstream earnings versus the fourth quarter of 2025...
Africa faces food security strain as Iran conflict rattles trade
Food prices are being felt mainly by vulnerable African households, given the fact that most countries are still growing at rates below pre-COVID levels...
Renewable shift is being driven by affordability, efficiency and resilience: Rana Adib
REN21 Executive Director Rana Adib shared her insights on the prospect of Asia going aggressive on renewable adaptation to secure its energy and economic outlook...
Despite gains, gold heads for biggest loss in nearly two decades
Discussing gold, the go-to hedge against inflation and geopolitical risks, has fallen more than 14% since the war began on February 28...
US tariff policy is causing enormous uncertainty: Dr Conor O’Kane
The US tariff policy is undermining both domestic investment and FDI, as firms are hesitant to commit capital in an environment where tariffs are regularly changed on the whim of the President or due to SC rulings...
IF Insights: Choking of Strait of Hormuz tests limits of war risk insurance
The concept of war risk insurance has been under the spotlight since 2022, but is gaining traction as the world is dealing with the Ukraine war and the Middle East conflict...
Middle East conflict: Trump administration official teases US’ next move for oil market
According to Scott Bessent, the addition of sanctioned Iranian oil into global supplies would help keep oil prices down for the next 10 to 14 days...
IF Insights: Rare earths emerge as Africa’s new leverage point
No major international player is speaking about Africa using its wealth for internal economic transformation...
Oil price stares at massive gain amid Middle East crisis
Qatar Energy Minister Saad al-Kaabi stated that if the ongoing conflict forces Gulf energy producers to shut down exports within weeks, it could drive oil to USD 150 a barrel...